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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta -- Ignore unavailable to you. Want to Upgrade?


To: Hutch who wrote (1870)7/13/2000 12:27:51 PM
From: Brumell  Read Replies (1) | Respond to of 2255
 
It's the summer doldrums, Hutch. Normally a good time to avoid speculative stocks. Even the oilers I watch are down which was predictable as no news is imminent.

PFN is a bit surprising because drilling news is somewhat imminent. One good source says we could have partial drill results in the week following July 23rd. Makes sense. We'll see.

Meanwhile, the group drags for lack of hard news. On the positive side, someone wanted over 200,000 shares at almost any price through DS a few weeks ago and may have been acting on more than a hunch. A similar type buyer showed up through TD for both PFN and ITF. However, visuals with this type of ore mean little unless...

FWIW it's a buying opportunity IMO. Time to draw and hold. Naturally many wait until there's momentum then buy at higher prices. To each there own.

Regards,
Bob